, a closely watched development on Wall Street where finding a way to sell securities linked to bitcoin has been a priority for many firms.
The Houston Firefighters’ Relief and Retirement Fund, which has $5.5 billion in assets under management and more than 6,600 benefactors, said it purchased bitcoin and ether through bitcoin company NYDIG, a subsidiary of Stone Ridge, an alternative-asset manager.Investing in cryptocurrencies has become more widely accepted at the same time some pension fundsto pad their coffers as they struggle to cover retiree benefits.
Companies and executives have also become more open to cryptocurrency offerings. Jack Dorsey’s payments company Square Inc. has purchased millions worth of bitcoin.
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Wow! Dynamic vision near the Niagara River.🐋🐠🐬 How about the idea of the hydroelectric power plant near the Iguass falls?🌎
Fools. What can you purchase with it? How do you convert it to groceries on the retirees table?
Those poor firefighters. Too risky, should be against the law.
🔥🔥
I’ll invest in something when Kennedy’s shoe shin boy is all in; but when pension funds turn up to the party - its time to run
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